Banking & Finance
Global Guide 2024 : Canada
Band 1
Email address
[email protected]Contact number
+1 514 841 6400About
Provided by Davies Ward Phillips & Vineberg LLP
We give market-leading lenders and borrowers undertaking highly complex financings sound advice and efficient deal execution. Because no two transactions are the same, we find precise, creative structures that fit the needs of all parties.
Whether you’re a borrower, lender or private equity sponsor, you can rely on us to structure sophisticated deals and financial instruments at all levels of the capital structure. We stay on top of the markets and regulatory issues.
With a particular focus on acquisition and project finance – where we’ve structured many first-of-their-kind transactions – our team devises the most efficient structures to achieve your objectives. From traditional bank credit facilities and structured products to complex international multi-currency, multijurisdictional financings, we draw on expertise across our entire practice. You receive comprehensive advice on all facets of your deal.
Chambers Review
Davies Ward Phillips & Vineberg represents a variety of lenders and borrowers in cross-border financing and refinancing transactions. The firm offers further expertise in asset-based lending, acquisition and project finance, as well as in large-scale, ESG-focused transactions. Clients also benefit from the firm's strength in IPO-related credit facility arrangements and bridge financing. The group is well respected for its longstanding relationships with major Canadian banks, regularly acting for syndicates consisting of domestic and international financial institutions, as well as its work on behalf of private equity funds and businesses operating in the mining, energy and TMT sectors.
Work Highlights
- Davies Ward Phillips & Vineberg acted for Rogers Communications on securing the acquisition finance package to fund Rogers' CAD26 billion acquisition of Shaw Communications.
Strengths
Provided by Chambers
"They are able to simplify complex structures in order for us to come to an informed opinion and decision. Whether it's a single bank or a cross-border multi-bank deal, they always provide sound and thoughtful counsel."
"The quality of their advice and counsel, as well as their strong service level and responsiveness, are some of the biggest reasons why they stand out."
"No law firm knows the market better than Davies. They are always pragmatic, and can distil and seamlessly identify the real issues."
"The Davies team has a deep bench of experts, which gives us the comfort that our team is being advised by lawyers with the commensurate knowledge and experience for each specific situation."
"Their team bend over backwards to hit our deadlines and I always feel like I am their only client."
"They are able to simplify complex structures in order for us to come to an informed opinion and decision. Whether it's a single bank or a cross-border multi-bank deal, they always provide sound and thoughtful counsel."
"The quality of their advice and counsel, as well as their strong service level and responsiveness, are some of the biggest reasons why they stand out."
"No law firm knows the market better than Davies. They are always pragmatic, and can distil and seamlessly identify the real issues."
"The Davies team has a deep bench of experts, which gives us the comfort that our team is being advised by lawyers with the commensurate knowledge and experience for each specific situation."
"Their team bend over backwards to hit our deadlines and I always feel like I am their only client."
Notable Practitioners
Carol Pennycook is a leading project finance lawyer in Canada who also maintains a broader corporate finance practice. A veteran of numerous high-value financings, she is sought out for assistance on a wide range of matters and regularly acts for lending syndicates.
"Carol is the best lawyer in Canada, I would argue. She is incisive and gets things done."
"Carol has a wealth of experience and seems to answer questions before you even ask. We have a great deal of confidence in her guidance and advice."
"We have worked with Carol for years; she is one of the best."
"Carol is stellar - she is second to none in terms of servicing clients."
Toronto-based Joel Scoler is held in extremely high regard for the strength of his banking and finance practice. His clientele includes major Canadian banks, and he is well versed in acting for lending syndicates on financing transactions.
"He brings experience, maturity, balance and market intelligence to every transaction. He adds value and works very well with the counterparty's counsel."
"Joel’s analysis is incisive. He is able to filter out all the background noise and help us focus on the legal issues that matter most, so that we can make prudent decisions."
"Joel provides exceptional legal service. He is fast to respond and always on time with his work."
"Joel is an outstanding lawyer and a pleasure to work with."
An experienced finance lawyer, Derek Vesey has notable expertise in establishing and renewing major credit facilities and short-term loan agreements. He works out of the firm's Toronto office.
"Derek's expertise, his talent in developing thoughtful solutions to complex problems and his ability to tailor his efforts to a company's specific needs have been a great benefit."
"Derek's attention to detail is unparalleled, and his ability to provide advice and deliverables in a quick and effective matter is premier."
"He understands our business intimately and is able not only to provide legal counsel but to advise on commercial issues as well."
"Derek provides a high level of service and is a valuable resource across a broad range of lending transactions and structures."
Scott Hyman has experience advising on an impressive number of structured cross-border financings and other significant transactions. Based in Toronto, he often acts on the establishment of credit facilities in sectors such as energy.
"Scott Hyman is the best in class."
"He's very practical."
Ranked Lawyers at
Davies Ward Phillips & Vineberg LLP
Canada
Members
Provided by Davies Ward Phillips & Vineberg LLP